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Credit Cards and Minimum Payments

19 February 2010

Yesterday, we wrote about new credit card statement rules.

Today, we have a follow up from an unusual source: Cracked.com.

Their humorous feature on minimum payments is a shocking and surprisingly accurate overview of the risks involved with minimum payments.

There’s a little salty language, but it’s worth a read or pass-along to anyone who doesn’t know the basics about debt.

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